Concur T&E Cloud Delivers Enhanced Capabilities In Support Of Sunshine Act Compliance
Concur Connect Platform enables clients to enjoy instant access to comprehensive health care provider data, ensuring accurate and transparent reporting
REDMOND, Wash, March 21, 2012 -- Concur (Nasdaq: CNQR), a leading provider of integrated travel and expense management services, today announced that clients will now have access to enhanced capabilities to support compliance with the Patient Protection and Affordable Care Act, commonly known as the Sunshine Act. By connecting to the T&E Cloud via Concur Connect, leading solution providers AdvantageMS, Healthcare Data Solutions, MedPro Systems, Porzio Pharmaceutical Services and R-Squared are now making accurate and standardized health care provider data available to Concur clients to streamline compliance and ensure accurate reporting.
The Sunshine Act requires pharmaceutical, medical device and medical supply companies to track and report all expenses related to marketing to physicians and teaching hospitals. By making accurate and standardized healthcare provider data available to Concur’s T&E Cloud, expenses captured by Concur’s solution can be instantly linked with the appropriate health care provider, ensuring complete transparency in compliance with Sunshine Act requirements. By partnering with these leading providers, Concur is delivering enhanced capabilities for companies requiring Sunshine Act compliance including:
- Real-time access to the most up-to-date listings of providers ensuring sales staff are able to easily access contact records that may not already exist in their company’s master data.
- Access to accurate provider data including names, specialties, addresses and National Provider Identification numbers.
- Tracking and reporting of all expenses associated with a specific health care provider for both state and federal transparency reporting.
“Concur’s T&E Cloud is designed specifically to unlock the hidden value within the travel and expense ecosystem and deliver it directly to our clients,” said Barry Padgett, Executive Vice President of Platform Services at Concur. “Leveraging the Concur Connect Platform, a growing list of providers are enhancing Concur’s travel and expense management offerings with their unique solutions and expertise – extending the value and innovation that Concur’s T&E cloud delivers to all clients.”
The T&E Cloud is unique to Concur – combining industry-leading travel and expense technology, data and third-party innovation to deliver unprecedented value to corporate clients. Concur Connect is the platform that enables the entire travel and expense ecosystem of customers, travel suppliers, content aggregators and solution partners to access and extend the value within Concur’s T&E Cloud – which provides Concur clients with exclusive access to services otherwise unavailable though traditional travel and expense programs. AdvantageMS, Healthcare Data Solutions, MedPro Systems, Porzio Pharmaceutical Services and R-Squared join a growing list of solution partners that enhance the value of Concur’s solutions.